Ludwig von Mises
Ludwig von Mises
Ludwig Heinrich Edler von Miseswas a theoretical Austrian School economist. He is best known for his work on praxeology, a study of human choice and action. Mises emigrated from Austria to the United States in 1940. Mises's writings have exerted significant influence on the libertarian movement in the United States since the mid-20th century...
NationalityAustrian
ProfessionEconomist
Date of Birth29 September 1881
CountryAustria
Ludwig von Mises quotes about
country men numbers
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
mean progressive-taxation people
Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
men civilization quality
Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.
generations tasks provoking
It has always been the task of the new generation to provoke changes.
government easy committed
All present-day governments are fanatically committed to an easy money policy.
fate opportunity men
It is evident that youth is the first victim of the trend toward bureaucratization. The young men are deprived of any opportunity to shape their own fate.
freedom war philosophy
What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.
action behavior humans
Human action is purposeful behavior.
jealous justice maintaining
Every extension of the functions and power of the State beyond its primary duty of maintaining peace and justice should be scrutinized with jealous vigilance.
frustration law liberty
Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They never ascribe their failures and frustrations to the violation of economic law.
people liberty coercion
The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave.
creative mind mark
The mark of the creative mind is that it defies a part of what it has learned.
entrepreneur progress use
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
men way groups
Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act.